California Court Issues Final Statement of Decision Rejecting DFPI “True Lender” Theory Against OppFi

In a significant victory for bank-fintech partnership models, the Los Angeles County Superior Court on May 19, 2026 has now issued its final Statement of Decision granting summary judgment in favor of Opportunity Financial, LLC (“OppFi”) in its long-running litigation with the California Department of Financial Protection and Innovation (“DFPI”). The final opinion follows the court’s February 24, 2026 tentative ruling, which we previously discussed on this blog .… Continue Reading